Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 91.68%
March 31, 2024 92.98%
December 31, 2023 90.52%
September 30, 2023 95.17%
June 30, 2023 94.05%
March 31, 2023 93.58%
December 31, 2022 93.49%
September 30, 2022 93.55%
June 30, 2022 94.18%
March 31, 2022 93.19%
December 31, 2021 94.36%
September 30, 2021 95.29%
June 30, 2021 93.69%
March 31, 2021 92.28%
December 31, 2020 95.89%
Date Value
September 30, 2020 96.06%
June 30, 2020 92.95%
March 31, 2020 94.02%
December 31, 2019 96.33%
September 30, 2019 95.79%
June 30, 2019 96.25%
March 31, 2019 95.57%
December 31, 2018 95.64%
September 30, 2018 93.86%
June 30, 2018 96.26%
March 31, 2018 94.57%
December 31, 2017 96.88%
September 30, 2017 96.22%
June 30, 2017 98.42%
March 31, 2017 99.85%

Gross Profit Margin Definition

Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.

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Gross Profit Margin (Quarterly) Range, Past 5 Years

90.52%
Minimum
Dec 2023
96.33%
Maximum
Dec 2019
93.86%
Average
93.69%
Median
Jun 2021

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics